Royal Ceramics Lanka Balance Sheet Health
Financial Health criteria checks 4/6
Royal Ceramics Lanka has a total shareholder equity of LKR61.6B and total debt of LKR31.3B, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are LKR109.8B and LKR48.2B respectively. Royal Ceramics Lanka's EBIT is LKR10.0B making its interest coverage ratio 5.7. It has cash and short-term investments of LKR3.3B.
Key information
50.9%
Debt to equity ratio
LK₨31.35b
Debt
| Interest coverage ratio | 5.7x |
| Cash | LK₨3.29b |
| Equity | LK₨61.63b |
| Total liabilities | LK₨48.20b |
| Total assets | LK₨109.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCL.N0000's short term assets (LKR46.7B) exceed its short term liabilities (LKR30.2B).
Long Term Liabilities: RCL.N0000's short term assets (LKR46.7B) exceed its long term liabilities (LKR18.0B).
Debt to Equity History and Analysis
Debt Level: RCL.N0000's net debt to equity ratio (45.5%) is considered high.
Reducing Debt: RCL.N0000's debt to equity ratio has reduced from 63% to 50.9% over the past 5 years.
Debt Coverage: RCL.N0000's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RCL.N0000's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 20:38 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Royal Ceramics Lanka PLC is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nakrushan Chithrasenan | Asia Securities (Private) Limited |
| Prakatheesh Nareshkumar | Asia Securities (Private) Limited |
| Amanda Lokugamage | First Capital Holdings PLC |